XAUUSD Analysis Update – Ascending Channel Pattern
Gold (XAUUSD) continues its bullish momentum! As expected, it's following an ascending channel pattern with no strong resistance on the upside. Currently, the price is hovering around $3,023 and is likely to hit $3,030 before a potential pullback.
📉Key Levels to Watch:
🔹Resistance: $3,030
🔹Support: $2,981
📊4H Timeframe Analysis:
✅EMA 50 Indicator: Waiting for a touch before confirming the next entry.
✅Trade Plan: Look for a possible sell from $3,030 with a target around $2,981.
✅Potential Buy Setup: If price holds strong at support, a rebound may be expected!
Stay patient, wait for confirmation, and trade wisely!
Like, Follow & Comment your thoughts!
Gold (XAUUSD) continues its bullish momentum! As expected, it's following an ascending channel pattern with no strong resistance on the upside. Currently, the price is hovering around $3,023 and is likely to hit $3,030 before a potential pullback.
📉Key Levels to Watch:
🔹Resistance: $3,030
🔹Support: $2,981
📊4H Timeframe Analysis:
✅EMA 50 Indicator: Waiting for a touch before confirming the next entry.
✅Trade Plan: Look for a possible sell from $3,030 with a target around $2,981.
✅Potential Buy Setup: If price holds strong at support, a rebound may be expected!
Stay patient, wait for confirmation, and trade wisely!
Like, Follow & Comment your thoughts!
Note
be wait to entry levelNote
if we looking this trade with the first entry level than our 50+ pips profit doneNote
wery well hoping you not miss itTrade active
XAUUSD TRADE UPDATE Entry Level: 3030 (Touched)
Action: SELL STRONG NOW
Target Level: 2981 (Support Zone)
Technical Setup:
Pattern: Ascending Channel
Indicator: EMA 50 on 4H Timeframe
Time to Ride the Wave! Let’s Secure Those Profits!
Like, Follow & Comment if you're in!
Note
guys be active now its time to falling soonNote
its falling nowNote
300+ pips hit
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.